Gross margin

AUXLY REPORTS FOURTH QUARTER AND FULL YEAR 2023 FINANCIAL RESULTS AND PROVIDES OUTLOOK FOR 2024

Retrieved on: 
Monday, March 25, 2024

The impairments recognized in 2022 include impairments related to the closure of the Auxly Annapolis facilities.

Key Points: 
  • The impairments recognized in 2022 include impairments related to the closure of the Auxly Annapolis facilities.
  • Wages and benefits were $16.3 million for the year, as compared to $18.7 million for the same period of 2022.
  • Office and administrative expenses were $10.4 million for the year, $1.2 million lower than the same period in 2022.
  • Please see the Company's MD&A dated March 24, 2024, under "Non-GAAP Measures" for a further description of the following financial and supplementary financial measures.

EQS-News: Correction of a release from 06/03/2024, 08:00 CET/CEST - GLOBAL FASHION GROUP REPORTS Q4 & FY 2023 RESULTS

Retrieved on: 
Wednesday, March 13, 2024

Correction of a release from 06/03/2024, 08:00 CET/CEST - GLOBAL FASHION GROUP REPORTS Q4 & FY 2023 RESULTS

Key Points: 
  • Correction of a release from 06/03/2024, 08:00 CET/CEST - GLOBAL FASHION GROUP REPORTS Q4 & FY 2023 RESULTS
    The issuer is solely responsible for the content of this announcement.
  • As a result, we achieved Adjusted EBITDA breakeven in Q4, and maintained a healthy Gross Margin.
  • However, GFG partially offset this volume impact by maintaining growth in Average Order Value, increasing 6.9% in Q4.
  • This guidance reflects ongoing market challenges which have been observed in similar topline trends in the first two months of 2024 compared to Q4 2023.

EQS-News: GLOBAL FASHION GROUP REPORTS Q4 & FY 2023 RESULTS

Retrieved on: 
Wednesday, March 13, 2024

Luxembourg, 6 March 2024 - Global Fashion Group S.A. (“GFG”), the leading online fashion and lifestyle destination in LATAM, SEA and ANZ, demonstrated resilience in executing its strategic initiatives amidst market headwinds to achieve breakeven Adjusted EBITDA and a Gross Margin improvement in Q4.

Key Points: 
  • Luxembourg, 6 March 2024 - Global Fashion Group S.A. (“GFG”), the leading online fashion and lifestyle destination in LATAM, SEA and ANZ, demonstrated resilience in executing its strategic initiatives amidst market headwinds to achieve breakeven Adjusted EBITDA and a Gross Margin improvement in Q4.
  • As a result, we achieved Adjusted EBITDA breakeven in Q4, and maintained a healthy Gross Margin.
  • However, GFG partially offset this volume impact by maintaining growth in Average Order Value, increasing 6.9% in Q4.
  • This guidance reflects ongoing market challenges which have been observed in similar topline trends in the first two months of 2024 compared to Q4 2023.

Offerpad Reports Third Quarter 2023 Results

Retrieved on: 
Wednesday, November 1, 2023

Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-enabled platform for residential real estate, today released financial results for the three months ended September 30, 2023.

Key Points: 
  • Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-enabled platform for residential real estate, today released financial results for the three months ended September 30, 2023.
  • We are well positioned for further solid performance in 2024 as we take the friction out of real estate.”
    “The third quarter marked my first full quarter with Offerpad.
  • Reported our highest Gross Margin since Q2 2021, which rose 57 basis points quarter over quarter from 9.7% to 10.2%.
  • Third Quarter 2023 Financial Results – compared with the prior quarter:

Dalrada Financial Corporation Reports Revenue of $9.5 Million, an Increase of over $4 Million or 80% During Q3 2023

Retrieved on: 
Tuesday, May 16, 2023

During Q3, revenue totaled $9.5 million, an increase of over $4 million or 80%, compared to Q2, ended December 31, 2022.

Key Points: 
  • During Q3, revenue totaled $9.5 million, an increase of over $4 million or 80%, compared to Q2, ended December 31, 2022.
  • Additionally, the Gross Margin increased by $0.6 million (25%), while sales, general, and administrative expenses decreased by $0.6 million (8%), and Operating Loss decreased by $1.1 million (24%).
  • Now, after significant investment, we have developed heat pumps with seven times the efficiency of typical industrial boilers.
  • Total consolidated cost of revenue: $6.6 million
    Total consolidated loss of operations: $3.6 million
    Total consolidated cost of revenue: $11.9 million
    Total consolidated loss of operations: $11.3 million

EQS-News: GLOBAL FASHION GROUP REPORTS Q4 AND FY 2022 RESULTS

Retrieved on: 
Thursday, March 16, 2023

In 2023, GFG expects to deliver NMV growth of (5)-0%, c.€1.5-1.6 billion in NMV, and c.€1.0 billion of Revenue, all on a constant currency basis.

Key Points: 
  • In 2023, GFG expects to deliver NMV growth of (5)-0%, c.€1.5-1.6 billion in NMV, and c.€1.0 billion of Revenue, all on a constant currency basis.
  • Adjusted EBITDA margin is expected to be (3)-(1)%, improving profitability year-on-year, while actively managing costs.
  • In the first two months of the year we have seen a continuation of Q4 trading trends.
  • Reflecting the lower demand environment, GFG delivered NMV of €452.3 million in Q4, (6.9)% yoy, driven by order volumes, down 18.2% and Active Customers down 16.5%.

Haivision Announces Results for the Three Months and Nine Months Ended July 31, 2022

Retrieved on: 
Tuesday, September 13, 2022

Financial Results for the nine months ended July 31, 2022

Key Points: 
  • Financial Results for the nine months ended July 31, 2022
    Revenue of $87.8 million represents an increase of 34.0% or $22.3 million from the prior year period.
  • CineMassive Displays, LLC was renamed Haivision MCS, LLC ("Haivision MCS"), highlighting its focus on "Mission-Critical Systems" for the enterprise, government, and defense verticals.
  • Gross Margins* for the three months and nine months ended April 30, 2022 were 66.1% and 69.0%, compared to 75.1% and 76.5% for the prior year periods, respectively.
  • Haivision will hold a conference call to discuss its third quarter financial results on Tuesday, September 13, 2022 at 5:30 pm (ET).

TCL Electronics (01070.HK) Gross Profit Bucks the Trend for Growth in 2022 H1

Retrieved on: 
Friday, August 19, 2022

HONG KONG, Aug. 19, 2022 /PRNewswire/ -- TCL Electronics Holdings Limited ("TCL Electronics" or "the Company", 01070.HK) announced today its interim results for the six months ended 30 June 2022.

Key Points: 
  • HONG KONG, Aug. 19, 2022 /PRNewswire/ -- TCL Electronics Holdings Limited ("TCL Electronics" or "the Company", 01070.HK) announced today its interim results for the six months ended 30 June 2022.
  • Global sales volume of TCL smart screens reached 10.15 million sets in the first half of 2022.
  • TCL Electronics seized the global development trend of clean energy and carbon neutrality and leveraged on its industrial synergy with TCL Zhonghuan Renewable Energy Technology Co.,Ltd.
  • For more information, please visit the investor relations web page of TCL Electronics at http://electronics.tcl.com or follow the WeChat Official Page of TCL Electronics investor relations.

HOME FLIPPING SPIKES ACROSS U.S. IN FIRST QUARTER OF 2022 BUT PROFITS DROP TO 13-YEAR LOW

Retrieved on: 
Thursday, June 23, 2022

IRVINE, Calif., June 23, 2022 /PRNewswire/ -- ATTOM, a leading curator of real estate data nationwide for land and property data, today released its first-quarter 2022 U.S. Home Flipping Report showing that 114,706 single-family houses and condominiums in the United States were flipped in the first quarter. Those transactions represented 9.6 percent of all home sales in the first quarter of 2022, or one in 10 transactions – the highest level since at least 2000. The latest total was up from 6.9 percent, or one in every 14 home sales in the nation during the fourth quarter of 2021, and from 4.9 percent, or one in 20 sales, in the first quarter of last year.

Key Points: 
  • The jump in the home-flipping rate during the first quarter of this year marked the fifth straight quarterly increase.
  • Specifically, the median price of homes flipped in the first quarter of 2022 increased to another all-time high of $327,000.
  • Nationwide, 62.7 percent of homes flipped in the first quarter of 2022 had been purchased by investors with cash.
  • Gross flipping return on investment was calculated by dividing the gross flipping profit by the first sale (purchase) price.

Haivision Announces Results for the Three Months and Six Months Ended April 30, 2022

Retrieved on: 
Wednesday, June 15, 2022

Financial Results for the six months ended April 30, 2022

Key Points: 
  • Financial Results for the six months ended April 30, 2022
    Revenue of $58.2 million, up 29.8% from $44.8 million in fiscal 2021.
  • CineMassive Displays, LLC was renamed Haivision MCS, LLC ("Haivision MCS"), highlighting its focus on "Mission-Critical Systems" for the enterprise, government, and defense verticals.
  • The net loss for the six months ended April 30, 2022 was $0.8 million, a $10.0 million improvement from the prior year period.
  • Haivision will hold a conference call to discuss its second quarter financial results on Wednesday,
    June 15, 2022 at 5:30 pm (ET).